Elon Musk has hinted at working with the Dogecoin developers to improve the efficiency of system transactions, he tweeted.
The CEO of Tesla and the Boring Company made the tweet days ago after he and Tesla made the decision to pay for products with the cryptocurrency.
As a result, the price of cryptocurrency fell sharply, and many investors lost thousands.
However, Dogecoin has since recovered quite well after Elon’s tweet.
Following the Bitcoin News, he stated, “To be clear, I am a firm believer in crypto, but it cannot lead to a massive increase in the use of fossil fuels, especially coal.”
In the meantime, we’ll be kept abreast of all the live news, prices, and important cryptocurrency updates around the world, including any information you may have missed that could affect your cryptocurrency and tokens.